THRX Technical Analysis - THESEUS PHARMACEUTICALS INC

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to THRX. In the past year, THRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

87% of all other stocks performed better in the past year than THRX.

THRX is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 196 stocks in the same industry do better.

THRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

In the last month THRX has a been trading in a tight range between 3.98 and 4.11.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

THESEUS PHARMACEUTICALS INC / THRX Weekly stock chart

THESEUS PHARMACEUTICALS INC / THRX Daily stock chart

Setup Rating and Analysis

THRX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.60

4.15

When analyzing the support we notice one important area.

Support @3.64 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 4.07 to 4.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for THRX is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for THRX is up.
ChartMill Relative Strength	13.24	NEGATIVE	THRX has a low relative strength, it was outperformed by 86.76% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of THRX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of THRX is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of THRX is below a declining SMA(200).
Relative Strength Index/RSI (14)	59.85	NEUTRAL	The RSI value for THRX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests THRX has a negative trend.
Stochastics (14,3)	61.11	NEUTRAL	The Stochastics value for THRX is a neutral value.
Average True Range in percent/ATR (20)	0.8	LOW VOLATILITY	The low ATR as a percentage value for THRX suggests low volalility.
Average Directional Index/ADX (14)	35.51	POSITIVE	The high ADX value value for THRX suggests a strong trend.